Austria's Palfinger Q1 revenue rises on European demand

Palfinger AG

28/04/2026 06:15

Overview

Austria crane and lifting solutions firm's Q1 revenue rose 1.6% yr/yr

Q1 net income increased 11.8% yr/yr, with EBIT up 3%

Growth driven by strong demand in Europe and Marine segment; North America remained challenging

Outlook

Palfinger expects H1 2026 performance slightly above previous year's level

Company targets H2 2026 revenue and EBIT above prior-year level

Palfinger aims for 2030 revenue of more than EUR 3 bln, EBIT margin of 12%

Result Drivers

EUROPEAN DEMAND - Co said significant demand growth in Northern and Southern Europe contributed to revenue and earnings

MARINE SEGMENT - Large offshore wind and cruise projects supported revenue and profitability in Marine segment

NORTH AMERICA CHALLENGES - Geopolitical tensions and tariff policies weighed on demand and profitability in North America

Company press release: ID:nEQ10rdX4a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 561.50 mln
Q1 Net Income
EUR 24.60 mln
Q1 EBIT
EUR 41.30 mln
Q1 EBITDA
EUR 65.70 mln
Q1 EBIT Margin
7.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

Wall Street's median 12-month price target for Palfinger AG is €43.40, about 17.6% above its April 27 closing price of €36.90

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)